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EdgarHawk

Paul L Berns

Director

Director 10% Owner

Latest: Director buying · June 2026

2 filings analyzed · 2 companies · Latest 2026-06-24
Validated high-conviction buyer — this insider’s opportunistic purchases fall in a cohort whose buys have historically preceded above-benchmark moves. How we measure this ↗

Companies

Company Buys Sells Direction
Kardigan, Inc. KARD 1 0 Net buying
Metsera, Inc. MTSR 2 0 Net buying

Activity

June 2026
2026-06-24 Kardigan, Inc. KARD
high
Buy
1,250,000 shares
$20,000,000
Significance 7/10

Director Paul L Berns purchased 1,250,000 shares of KARD at $16.00 ($20.0M total) on 2026-06-22, raising holdings to 15,042,035 shares (+9.1%).

Paul L Berns, a director of Kardigan, Inc., deployed $20,000,000 to acquire 1,250,000 shares at $16.00 per share, increasing his holdings by 9.1% to 15,042,035 shares. The transaction occurred 4 trading days after the company's recent listing, and the current market price of $22.03 reflects a gain from the purchase price. This material acquisition by a director in the immediate post-IPO window represents a substantial commitment of capital to the newly public company and suggests confidence in the valuation at listing.

February 2025
2025-02-03 Metsera, Inc. MTSR
high
Buy
789,998 shares
$14,219,964
Significance 8/10

Director Paul Berns bought 790.0K shares of MTSR at $18.00 ($14.2M); cluster buy pattern with 2 other insiders in 14 days.

Director Paul L Berns purchased 789,998 shares at $18.00 on 2025-02-03, adding $14,219,964.00 to holdings that now total 8,313,680 shares, a 10.5% increase. This purchase occurs during a recent listing window (2 trading days post-IPO) and coincides with a cluster pattern: 2 other insiders also bought within the past 14 days. The acquisition price of $18.00 is notably below the current market price of $27.80, suggesting these accumulations preceded or were unaffected by subsequent price appreciation. The coordinated multi-director buying during the immediate post-listing period reflects board-level confidence in the newly public company, though this filing involves a derivative-conversion transaction—the full extent of Berns's position includes Table II derivative securities not yet fully captured in our database, so his total economic exposure may differ from the Table I share count shown.

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